Form 4: Hanover Insurance Group Executive Willard T. Lee Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President Willard T. Lee reports the acquisition and disposal of common stock related to restricted stock units.
Summary
- On March 28, 2025, Willard T. Lee, an Executive Vice President at Hanover Insurance Group, reported a transaction involving the company's common stock.
- Lee acquired 12.189 shares at $0 and disposed of 5,455.217 shares.
- These transactions relate to the grant of restricted stock units (RSUs) under the company's 2022 Long-Term Incentive Plan (LTIP) and the accrual of dividend equivalent rights associated with previously granted RSUs.
- The RSUs vest on the third anniversary of the original grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of the reported transaction involving common stock. |
| 04/01/2025 | Date of signature on the confirming statement. |
Keywords
Form 4, Hanover Insurance Group, THG, Willard T. Lee, Executive Vice President, Restricted Stock Units, RSUs, 2022 Long-Term Incentive Plan, LTIP, Dividend Equivalent Rights, Beneficial Ownership, Securities Transaction
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